ARTE CONTEMPORANEO: OBRAS DE ARTE, ESCULTURAS Y OBJETOS DE COLECCION

-Buyer's Premium rates (for all bidder types)

PURCHASE PRICE.

The purchase price to be paid by the Buyer is, and the Buyer acknowledges it is responsible for and agrees to timely pay, the sum of the final bid price (the highest bid acknowledged and accepted by the Auctioneer), plus (i) the Buyer’s Premium and (ii) all applicable state and local sales and/or use taxes, collectively named as the “Purchase Price”).  

A 15% Buyer Premium is charged on all purchases + VAT (16%) 

A 4% Bank commission will be added if paid by credit card (Visa/Mastercard)

A 5% Bank commission will be added if paid by American Express

PAYMENTS ON PURCHASES

PAYMENT to be made on Auction Day 

For Absentee Bidders, payments of the full Purchase Price is due to JP AUCTIONS within 2 days following completion of the Auction.

COLLECTION, REMOVAL AND STORAGE

Following the Auction, Buyers must remove all Lots from the Auction site. 

Buyers must provide their own packing materials and their own assistants for the removal of lots.   If not removed timely by Buyer, in addition to any and all other remedies and rights JP AUCTIONS may have, JP AUCTIONS shall have the right to remove any Lot at Buyer’s sole risk and expense and store it, at Buyer’s expense, including removal, storage, transportation and handling expenses and costs and applicable taxes, at a third-party warehouse, and Buyer hereby grants JP AUCTIONS an irrevocable power of attorney to remove and store such Lots at Buyer’s expense.  

 For international bidders, please contact JP AUCTIONS regarding your specific needs of collection, removal, storage and delivery. We would be delighted to help you in this process. 

EXPORT PERMITS 

The Buyer is responsible for determining whether or not an export permit is required to export a Lot and for obtaining and paying the costs of any permits or licenses necessary to export any Lot from MEXICO  or any other country where it is registered and/or import it into any other country, and for the payment of any import duty that may be levied by the country of import. JP AUCTIONS makes no representation or warranty of any kind with regard to whether or not any Lot can be exported or imported or the issuance of an export or import permit for any Lot.